Challenger (ASX:CGFPB.PFD) OCF Margin %: 110.39% (As of Dec. 2025) — 77% Above Median


ASX:CGFPB.PFD Challenger Ltd ASX:CGFPB.PFD
59 GF Score
Price A$100.31
! 8 Warning Signs
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What is Challenger OCF Margin %?

Challenger ASX:CGFPB.PFD 59 OCF Margin % is 110.39% as of Dec. 2025, which is 77% above its 10-year median of 62.36. GuruFocus rates ASX:CGFPB.PFD with a GF Score™ of 59/100. The stock has 8 warning signs investors should review. Among 502 Insurance companies, Challenger ranks better than 98.01% on this metric.

OCF Margin % is calculated as Cash Flow from Operations divided by its Revenue. Challenger's Cash Flow from Operations for the six months ended in Dec. 2025 was A$1,047.80 Mil. Challenger's Revenue for the six months ended in Dec. 2025 was A$949.20 Mil. Therefore, Challenger's OCF Margin % for the quarter that ended in Dec. 2025 was 110.39%.

As of today, Challenger's current OCF Yield % is 28.02%.

The historical rank and industry rank for Challenger's OCF Margin % or its related term are showing as below:


During the past 13 years, the highest OCF Margin % of Challenger was 241.18%. The lowest was 17.36%. And the median was 62.36%.

ASX:CGFPB.PFD's OCF Margin % is not ranked *
in the Insurance industry.
Industry Median: 10.855
* Ranked among companies with meaningful OCF Margin % only.

Challenger OCF Margin % Related Terms

Challenger OCF Margin % Historical Data

* Premium members only.

The historical data trend for Challenger's OCF Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Challenger OCF Margin % Chart

Challenger Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
OCF Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 85.52 241.18 78.60 42.53 17.36

Challenger Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
OCF Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 20.45 78.62 -35.49 78.00 110.39
ASX:CGFPB.PFD
59GF Score
Challenger Ltd ASX:CGFPB.PFD
OCF Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Challenger OCF Margin % Calculation

OCF Margin % is the ratio of Cash Flow from Operations divided by net sales or Revenue, usually presented in percent.

Challenger's OCF Margin for the fiscal year that ended in Jun. 2025 is calculated as

OCF Margin=Cash Flow from Operations (A: Jun. 2025 )/Revenue (A: Jun. 2025 )
=399.6/2301.6
=17.36 %

Challenger's OCF Margin for the quarter that ended in Dec. 2025 is calculated as

OCF Margin=Cash Flow from Operations (Q: Dec. 2025 )/Revenue (Q: Dec. 2025 )
=1047.8/949.2
=110.39 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about OCF Margin % →
What does a OCF Margin % of 110.39% mean?
Challenger (ASX:CGFPB.PFD) has a OCF Margin % of 110.39% as of Dec. 2025. OCF Margin is the ratio of Cash Flow from Operations to Total Revenue. View historical data on Challenger and its competitors. This is 77% above median its historical median of 62.36. Over the past decade, Challenger's OCF Margin % has ranged from 17.36 to 241.18. According to the industry distribution chart, Challenger ranks #10 out of 502 companies in the Insurance industry, placing it in the top 2%.
Is Challenger's OCF Margin % too high?
Challenger's current OCF Margin % of 110.39% is 77% above median its 10-year median of 62.36. Over the past 10 years, this metric has ranged from a low of 17.36 to a high of 241.18. The Insurance industry median OCF Margin % is 10.86. Challenger's value of 110.39% is 917% above this industry median. Based on the distribution chart, Challenger ranks #10 out of 502 companies in the Insurance industry, which is in the top quartile — a strong position relative to peers. Overall, Challenger has a GF Score™ of 59/100, reflecting its overall financial health beyond just this single metric.
How does Challenger's OCF Margin % compare to AFL and MET?
According to the Insurance industry distribution chart, Challenger ranks #10 out of 502 companies for OCF Margin %. This places Challenger in the top 2% of its industry — outperforming the majority of peers. The industry median OCF Margin % is 10.86. Challenger's value of 110.39% is 917% above this benchmark. Historically, Challenger's own OCF Margin % has ranged from 17.36 to 241.18 over the past decade. While the company's 10-year median is 62.36 vs. the industry median of 10.86, Challenger has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good OCF Margin % for an Insurance company?
The median OCF Margin % among Insurance companies is 10.86, based on 502 companies in the industry. Companies in the top quartile (top 25%) have a OCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, OCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Challenger's current OCF Margin % of 110.39% is 917% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high OCF Margin % mean?
A high OCF Margin % can signal that a stock is expensive relative to its fundamentals. OCF Margin is the ratio of Cash Flow from Operations to Total Revenue. View historical data on Challenger and its competitors. For the Insurance industry, the median OCF Margin % is 10.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Challenger's current OCF Margin % is 110.39%, which is 77% above median its own 10-year median of 62.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Challenger stock overvalued right now?
Challenger (ASX:CGFPB.PFD) has a current OCF Margin % of 110.39%. The current OCF Margin % is 110.39%, which is 77% above median its 10-year median of 62.36 and 917% above the Insurance industry median of 10.86. Challenger's overall GF Score™ is 59/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is OCF Margin % calculated?
OCF Margin % is calculated from a company's financial statements. For Challenger (ASX:CGFPB.PFD), the current OCF Margin % is 110.39% as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Challenger Business Description

Address 5 Martin Place, Level 2, Sydney, NSW, AUS, 2000
Challenger's core business is selling annuity products in the Australian retirement market and, since November 2016, selling Australian dollar-denominated annuities into Japan's large retirement market. The firm's annuity products provide investors guaranteed regular payments over an agreed term for an upfront lump sum investment and is designed primarily to protect investors from the longevity risk of outliving their savings. Challenger also operates a funds management business, Fidante Partners, which has minority stakes in several boutique global investment managers, and Challenger Investment Management, which primarily manages investments supporting its annuities business.
59GF Score

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OCF Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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